Bunch feeding is a well known post-shooting nutrient management practice in banana. It is valued mainly because it is cheap and easy to carry out, confirming statement (A), and because the solution is placed directly on the bunch it reaches the developing fingers faster than nutrients applied at the base of the plant, confirming statement (B). The claim in statement (C) fails because bunch feeding solutions in practice usually contain macronutrients like potassium nitrate or urea, sometimes combined with micronutrients, to boost bunch weight and fruit quality, so the method is not restricted to micronutrients alone. \[\boxed{\text{Statements (A) and (B) are correct, (C) is incorrect}}\]